Three senior hires are being made across operating divisions at Infocus in response to recent strong growth experienced by the non-aligned group.
As part of the new leadership team structure, former Heritage Bank staffer, Richard Herbst, would take on the role of general manager, financial advice, while former CXA head of client performance, Irene Watt, would fill the role of general marketing manager. BT Financial Group’s Michael Corcoran has also been appointed in the position of general manager, salaried advice.
Infocus managing director and chief executive, Rod Bristow, said the appointments would assist Infocus to expand its strategies and deliver new offerings.
“We have seen rapid growth in many parts of our business in the last 12 months,” he said.
“Our refreshed senior leadership team brings to Infocus substantial depth and capability of expertise to help us.”
Bristow said some of the recent success seen by Infocus could be attributed to a referral partnership agreement with H&R Block.
“This directly aligns with our adviser value proposition of helping our advisers grow revenue, increase efficiency and effectively manage risk in their businesses,” he said.
“We are also seeing growth in our…technology business, as more advisers leverage the real-time monitoring and supervision capability and deep client engagement and advice management tools.”
Bristow said Herbst, Watt, and Corcoran would play key roles in guiding and executing strategy decisions for the wealth manager moving forward.